President Donald Trump took a break from his bitter public feud with Elon Musk by offering support to Tesla in an early morning post on Truth Social.

Tesla's market cap fell below $1 trillion, but it still reflects investors' assumptions of enormous future growth.

Tesla shares plunged as much as 10% in early trading Thursday as investors digested another dismal quarter of car sales – and CEO Elon Musk’s admission that slump may not end anytime soon.

Nelson downgraded the company’s stock to a neutral rating in April. But even some of the Tesla bulls on Wall Street are saying that the time for Musk to take action is running out.

TeslaTSLA fell sharply during Thursday's stock market, giving up key support levels, as analysts and investors responded to the EV giant's second-quarter earnings and CEO Elon Musk's comments that Tesla "could have a few rough quarters" without U.

Investors knew electric vehicle (EV) sales have been slumping for Tesla ( TSLA -8.44%). The EV leader announced a 13.5% year-over-year drop in second-quarter deliveries on July 2. Yet the stock is tanking today after Tesla reported its full second-quarter financial update today.

Due to Tesla's innovation and diversification, 24/7 Wall St. sees strong upside potential for the stock by the end of the decade.

The US president says he wants the billionaire to ‘THRIVE’, in a startling development after their recent bitter public feud.

Discover why Tesla, Inc.'s autonomy growth in 2027 supports a 50% 18-month return. Click for my updated look at TSLA stock post Q2 earnings and why I'm bullish.